Espey Mfg & Electronics Corp
ESP
17 hedge funds and large institutions have $9.65M invested in Espey Mfg & Electronics Corp in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 8 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
5.38% less ownership
Funds ownership: 22.38% → 16.99% (-5.4%)
19% less capital invested
Capital invested by funds: $11.9M → $9.65M (-$2.29M)
26% less funds holding
Funds holding: 23 → 17 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$208K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$103K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$14.5K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$4.52K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$4.23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.06M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$40K |
| 3 |
MDCM
Morgan Dempsey Capital Management
Menomonee Falls,
Wisconsin
|
-$37.4K |
| 4 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$18K |
| 5 |
MWM
Mascoma Wealth Management
Hanover,
New Hampshire
|
-$16K |
ESP Hedge Fund Activity: Q4 2017 in Review
17 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Espey Mfg & Electronics Corp (ESP) for Q4 2017, worth a combined $9.65M — down 19% from $11.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ESP and 2 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Renaissance Technologies, adding an estimated $208K. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.06M sold.
- 17 institutional investors held Espey Mfg & Electronics Corp (ESP) as of Q4 2017, down from 23 in Q3 2017.
- Funds reported $9.65M of Espey Mfg & Electronics Corp stock for Q4 2017, down 19% quarter-over-quarter.
- 2 funds opened new Espey Mfg & Electronics Corp positions in Q4 2017 and 8 closed out, a net change of -6 holders.
- The largest Espey Mfg & Electronics Corp buyer in Q4 2017 was Renaissance Technologies, an estimated $208K added.
- The largest Espey Mfg & Electronics Corp seller in Q4 2017 was Wellington Management Group, an estimated $3.06M sold.
Based on aggregated 13F filings for Q4 2017.